The "Surrey Report" is a monthly video market update designed to inform our clients and the public about the most recent statistics of the "Surrey Combined" area, as defined by the Fraser Valley Real Estate Board. Each month we cover year to year and month to month pricing changes of three property types including Detached Homes, Townhomes and Condos. Our team also works to update clients on recent market trends, tips and changes to our industry that affect our primary marketing areas of Surrey, North Delta, Cloverdale, Langley, and White Rock.
Now that we have entered the summer market here in the Fraser Valley, the speed at which homes are selling is starting to slow and we are seeing far fewer competing offer situations for buyers, which is a very, very good thing. Having said that, the sale of Surrey detached homes DOUBLED in June 2023 compared to June 2022.
As many as 33% of Canadians can no longer cover their monthly bills largely in part to the Bank Of Canada's unprecedented rate hiking cycle that continued again on July 12, 2023.
In this video, Surrey real estate agent Steve Karrasch covers a recent Toronto Star news article long with a BNN Bloomberg article and uncovers some "funny business" with...
It is possible to represent yourself in a purchase of a MLS® listed property in BC even though many believe that "double ending" is illegal. But in fact it's "limited dual agency" that is under prohibition, and you are more than welcome to buy real estate in BC without a REALTOR®.
In this video, Surrey real estate specialist Steve Karrasch of Macdo...
As a seasoned real estate agent, it should be pretty easy to identify what style of home you are looking at from the street. But, you might be surprised at how many agents and buyers have no idea how to label these homes correctly on the MLS®.
In this video, local Surrey REALTOR®, Steve Karrasch of Macdonald Realty helps you identify the seven most...
In today’s market, saving that elusive 20% downpayment that our parents have all encouraged us to do may no longer be solid advice. Why you ask, well let us break it down for you…
In this video, Surrey real estate Specialist, Steve Karrasch of Macdonald Realty explains why saving up a 20% downpayment in today’s rising rate environment, will not get...
The BCFSA recently conducted a deep dive into 3,266 residential real estate sales conducted between the period of February 19, 2023 and March 18, 2023. This sample size represented approximately 62% of the estimated 5,286 residential sales conducted during that time period. The BCFSA shared their findings regarding how many transactions were in a m...
